Common use of Rights Attributable to Units Clause in Contracts

Rights Attributable to Units. Units created or issued pursuant hereto will have such rights, including voting rights, as approved by the Board. If any Units issued by the Company in accordance herewith have any characteristics which are different from previously issued Units (other than voting rights), such Units shall be described in an amendment or addendum to this Agreement, which shall be approved by the Board and all of the Members.

Appears in 3 contracts

Samples: Operating Agreement, Operating Agreement (Ada-Es Inc), Operating Agreement (Ada-Es Inc)

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Rights Attributable to Units. Units created or issued pursuant hereto will have such rights, including voting rights, rights as approved by the BoardBoard including, without limitation, voting rights. If any Units issued by the Company in accordance herewith have any characteristics which are different from previously issued Units (other than voting rights), such Units shall be described in an amendment or addendum to this Agreement, which shall be as approved by the Board and all of the MembersMembers in accordance with Section 6.2.

Appears in 1 contract

Samples: Operating Agreement (Ada-Es Inc)

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